The bulls successfully defended S&P 2120, Brexit breakout level. For now...There have been three island reversals in the past month. The fourth one gapped up on Friday. A gap down below 2120 and this shit show is over...
ZH: Oct. 14th, 2016
"Over the past month, the stock market has experienced some turbulence, including in early September and early this week...So how have Rydex traders reacted? As the chart demonstrates, they’ve reacted by dumping their Bear funds – to the point where assets in such funds are the lowest since August 2015.
A year of risk ignored
Gamblers onboarded more risk this week compliments of the Wall Street Hillary "relief" rally...
Cash balances inverted